Caterpillar Inc. $CAT Stock: Courier Capital LLC Grows Position

Courier Capital LLC raised its stake in shares of Caterpillar Inc. (NYSE:CAT) by 29.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 7,962 shares of the industrial products company’s stock after purchasing an additional 1,801 shares during the period. Caterpillar accounts for about 1.2% of Courier Capital LLC’s holdings, making the stock its 24th biggest position. Courier Capital LLC’s holdings in Caterpillar were worth $6,456,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of CAT. Stonebridge Financial Group LLC raised its holdings in shares of Caterpillar by 0.7% during the second quarter. Stonebridge Financial Group LLC now owns 1,635 shares of the industrial products company’s stock worth $1,741,000 after acquiring an additional 11 shares in the last quarter. Inspirion Wealth Advisors LLC grew its stake in Caterpillar by 1.2% in the second quarter. Inspirion Wealth Advisors LLC now owns 944 shares of the industrial products company’s stock valued at $936,000 after purchasing an additional 11 shares in the last quarter. Bell Bank grew its stake in Caterpillar by 0.6% in the second quarter. Bell Bank now owns 1,865 shares of the industrial products company’s stock valued at $1,986,000 after purchasing an additional 11 shares in the last quarter. Cornerstone Advisory LLC increased its position in Caterpillar by 0.7% in the 1st quarter. Cornerstone Advisory LLC now owns 1,818 shares of the industrial products company’s stock worth $1,288,000 after purchasing an additional 12 shares during the last quarter. Finally, Sunbeam Capital Management LLC increased its position in Caterpillar by 1.1% in the 1st quarter. Sunbeam Capital Management LLC now owns 1,164 shares of the industrial products company’s stock worth $825,000 after purchasing an additional 13 shares during the last quarter. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. raised their price target on Caterpillar from $1,125.00 to $1,165.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 17th. Royal Bank Of Canada boosted their price target on Caterpillar from $877.00 to $897.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. Freedom Broker upgraded Caterpillar from a “hold” rating to a “buy” rating and set a $980.00 price objective on the stock in a report on Thursday, September 10th. Truist Financial dropped their price objective on Caterpillar from $1,225.00 to $1,100.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Finally, Wells Fargo & Company raised their price objective on shares of Caterpillar from $1,050.00 to $1,155.00 and gave the company an “overweight” rating in a research report on Tuesday, June 23rd. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Caterpillar has a consensus rating of “Moderate Buy” and an average price target of $982.92.

Insider Buying and Selling

In other news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $808.98, for a total value of $26,211,760.98. Following the transaction, the chief executive officer owned 34,555 shares of the company’s stock, valued at $27,954,303.90. This trade represents a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.33% of the stock is currently owned by company insiders.

Caterpillar Stock Down 3.4%

Shares of CAT traded down $26.95 during trading hours on Tuesday, hitting $772.42. 3,599,812 shares of the company were exchanged, compared to its average volume of 2,814,800. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37. The company has a market cap of $355.06 billion, a PE ratio of 33.24, a PEG ratio of 1.38 and a beta of 1.58. The firm’s 50 day moving average is $821.64 and its 200-day moving average is $855.26. Caterpillar Inc. has a 52 week low of $499.01 and a 52 week high of $1,073.46.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, beating analysts’ consensus estimates of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%. The business had revenue of $20.54 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same period last year, the business earned $4.72 EPS. The firm’s revenue was up 23.7% compared to the same quarter last year. On average, equities research analysts forecast that Caterpillar Inc. will post 27.49 EPS for the current fiscal year.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar announced a planned $1 billion U.S. investment in compact construction equipment, supporting domestic manufacturing capacity and potentially strengthening its long-term position in construction markets. Caterpillar announces $1B US compact equipment investment
• Positive Sentiment: Caterpillar continues to be viewed as a dividend-paying way to gain exposure to AI-related infrastructure spending, including data-center construction and power generation. 3 Dividend Paying Stocks Offering AI Exposure
• Neutral Sentiment: First-half 2026 revenue reportedly increased 23% to approximately $38 billion, helped by infrastructure and data-center demand. However, higher dealer inventories raise questions about how much future growth may come from restocking versus underlying end-market demand. Caterpillar (CAT): Can Earnings Keep Growing After Dealers Stop Restocking?
• Negative Sentiment: Citi and Truist reportedly lowered their price targets, while Caterpillar’s move below key technical support has intensified selling pressure and raised concerns about further downside. Caterpillar stock drops below key support as Citi, Truist slashes target
• Negative Sentiment: The market’s premium valuation for Caterpillar’s data-center power business is unwinding, with investors rotating toward peers such as Deere and questioning whether AI-related infrastructure demand can justify previous expectations. Caterpillar Sinks 5% as Deere Edges Higher
• Negative Sentiment: Caterpillar’s weakness was also cited as a contributor to the Dow’s decline, adding broader market pressure to the stock’s company-specific concerns. Johnson & Johnson, Caterpillar share losses contribute to Dow’s fall

About Caterpillar

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.

The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.